TN HB0348 | 2017-2018 | 110th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 19 2017 - 100% progression
Action: 2017-05-19 - Pub. Ch. 309
Text: Latest bill text (Chaptered) [PDF]

Summary

As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

Tracking Information

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Title

As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

Sponsors


Roll Calls

2017-04-26 - Senate - FLOOR VOTE: THIRD CONSIDERATION (Y: 30 N: 1 NV: 0 Abs: 0) [PASS]
2017-03-23 - House - FLOOR VOTE: AS AMENDED PASSAGE ON THIRD CONSIDERATION (Y: 93 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-05-19 Pub. Ch. 309
2017-05-19 Effective date(s) 07/01/2017
2017-05-05 Signed by Governor.
2017-05-02HouseTransmitted to Governor for his action.
2017-05-02SenateSigned by Senate Speaker
2017-05-01HouseSigned by H. Speaker
2017-04-26HouseEnrolled; ready for sig. of H. Speaker.
2017-04-26SenatePassed Senate, Ayes 30, Nays 1
2017-04-26SenateAmendment withdrawn. (Amendment 1 - SA0470)
2017-04-26SenateSenate substituted House Bill for companion Senate Bill.
2017-03-27SenateReceived from House, Passed on First Consideration
2017-03-23HouseEngrossed; ready for transmission to Sen.
2017-03-23HousePassed H., as am., Ayes 93, Nays 0, PNV 0
2017-03-23HouseH. adopted am. (Amendment 1 - HA0102)
2017-03-16HouseH. Placed on Regular Calendar for 3/23/2017
2017-03-15HousePlaced on cal. Calendar & Rules Committee for 3/16/2017
2017-03-14HouseRec. for pass. if am., ref. to Calendar & Rules Committee
2017-03-08HousePlaced on cal. Civil Justice Committee for 3/14/2017
2017-03-08HouseRec for pass if am by s/c ref. to Civil Justice Committee
2017-03-01HousePlaced on s/c cal Civil Justice Subcommittee for 3/8/2017
2017-02-22HouseAction Def. in s/c Civil Justice Subcommittee to 3/8/2017
2017-02-15HousePlaced on s/c cal Civil Justice Subcommittee for 2/22/2017
2017-02-07HouseAssigned to s/c Civil Justice Subcommittee
2017-02-06HouseP2C, ref. to Civil Justice Committee
2017-02-02HouseIntro., P1C.
2017-02-01HouseFiled for intro.

Same As/Similar To

SB0424 (Crossfiled) 2017-05-19 - Comp. became Pub. Ch. 309

Subjects


Tennessee State Sources


Bill Comments

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